CONK!
HAPPY NEW YEAR
I am pleased to announce that I will be team teaching The Economics of Healthcare and Wellness—Focus on Transformative Solutions beginning on January 17th.
You can register by scrolling down to view the syllabus and course fee. The course is sponsored by IPAK-EDU, an online education organization with dozens of courses taught by experts in various scientific and other fields.
Tucker Carlson hates dollar stores because they are “grotesque.” He thinks these stores reflect “libertarian economics.” And he is right. Obviously, Tucker does not appreciate the fact that the success of dollar stores is because of “democracy” in the marketplace. In other words, people have voted with their dollars so they can stretch their money.
In his most recent Star-Ledger column Paul Mulshine takes Tucker to task for his overt elitism. How dare people want to save money, because the Federal Reserve has reduced the purchasing power of their income? On his Fox show Tucker has had critics of the Federal Reserve so why does he not understand that discount stores reveal how entrepreneurs have created businesses to meet consumer needs in an era of price inflation?
Tucker needs to begin his study of “libertarian economics” with the following works available for free at various websites.
Economics in One Lesson, Henry Hazlitt
The Law, Frederic Bastiat
For a New Liberty, Murray Rothbard
Liberty and Property, Ludwig von Mises
What Has Government Done to Our Money?, Murray Rothbard
There are scores of other books, monographs, and essays that criticize all forms of economic statism, which can be found at mises.org, fff.org, fee.org and other free market websites.
To his credit Tucker is now a critic of the military-industrial-congressional complex that has given us undeclared wars since the end of World War. In other words, he realizes the Warfare State is a threat to peace and the essence of the Deep State.
By the same token, the Welfare State, is a threat to sustainable prosperity and violates the people’s property rights. All voluntary exchanges should be celebrated and not denigrated.
Tucker now needs to appreciate that “libertarian economics” is the heart of a humane society.
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“There is a right way and a wrong way, always choose the right way.” Abraham Sabrin (1914-2001) “Prediction is very difficult, especially if it’s about the future!” Niels Bohr
Every Wednesday at 11:05am talk show host Gary Nolan and I discuss the economy and politics. The Fort Myers Mises Circle presentations are available online.
Latest podcast on healthcare with host Johnathan Westover; Incentivizing wellness podcast with Bernadette Pajer; the Human Action podcast with Bob Murphy; Joseph Cotto and I discuss Argentina and the US
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Murray Sabrin, PhD, is emeritus professor of finance, Ramapo College of New Jersey. Dr. Sabrin is considered a “public intellectual” for writing about the economy in scholarly and popular publications. His new book, The Finance of Health Care: Wellness and Innovative Approaches to Employee Medical Insurance (Business Expert Press, Oct. 24, 2022), and his other BEP publication, Navigating the Boom/Bust Cycle: An Entrepreneur’s Survival Guide (October 2021), provides decision makers with tools needed to help manage their businesses during the business cycle. Sabrin’s autobiography, From Immigrant to Public Intellectual: An American Story, was published in November, 2022.
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